It's Not THAT Hard To Become A Millionaire!

[Music] sacrifice determination you can be intentional about your character but if you gotta be on the same page they were calling but you know we're debt-free house and every you have done really really good and you're not gonna quit huge witness for us to be able to share that it was time to get serious intentionality people the success this is your show America at 22 what I know now our life would be better is the show that's changing the world you live it live from the headquarters of Ramsey solutions broadcasting from the dollar car rental studio it's the Dave Ramsey show where net is dumb cash is king and the paid off home mortgage has taken the place of the BMW as the status symbol of choice I am Dave Ramsey your host thank you for joining us open phones at triple eight eight two five five two two five that's triple eight eight two five five two two five Joan is with us in Louisiana hi Joan welcome to the Dave Ramsey show hi Dave thank you so much for your time today I really appreciate it sure what's up today I am single never married no kids tomorrow I celebrate my 50th birthday and I'm also paying off my house thank you big move I know you have a millionaire themed hour but I'm only a half a millionaire so I'm waiting for the half a million or a half hours well you're on it here we go awesome so I should be filled with financial peace but unfortunately there's something that's disrupting that peace and I have a plan to fix it and I would like to get your input okay on that so I have three siblings and throughout our adult lives I've always been the nerd so I've always had you know money and I was you know with no kids etc you know extra income and such I've helped them you know I've given them money obviously not loan them money as I approached the goal of paying off my house upon my fiftieth birthday I have one sibling that recently got divorced so he had a lot of struggles and it fortunately got to a point where knowing I was you know very close to meeting my goal when I get a call that would say I need to talk to you my heart would sing because I knew it was about him needing money and oh he even took he is 47 when's he gonna grow up well he's currently living in my sister's house so he's got that's a whole nother issue mm-hmm oh it's really not the same issue the issue the fact that he's never stood on his own and has never taken responsibility I never became a full grown adult emotionally is causing him to have money issues and beg you for money am I wrong is he pretty erratic on is pretty erratic on work to Whitney yes sir like you don't like work much well I think he's more got them oh I've got divorced my wife's didn't me wrong and now I'm in this situation I'm in how long ago was the divorce a year and a half okay that's okay for probably six months after that you kind of got to move on true you know I meet people after ten years that are still singing that song it's defined them rather than going they become a victim rather than a victor so issues you've got are your family has got issues and they see you as an ATM is that what you're telling me okay yeah so I'm gonna send you a book by Henry cloud called boundaries because here's the thing you are a sweet person and you love your family deeply and those are great things and you've been under the illusion the improper perception that you've been helping them because I think we can both come to the conclusion real quickly that all the money that you've given them over all the years has not really helped them because they're still in the same place you are right if it had helped them they would have be prospering and wonderful and things would be great instead every time you see any of their names on caller ID you think it's a beg coming so here's how here's how we help them in the future and I'm this book's gonna help you with that okay but it's I love you too much to participate in you continuing to be exactly the way you are now cuz it's not working for you so because I love you I want to see you when and I am no longer going to give you money unless it's tied to a behavior that causes you to win in the future and so if you need some help paying off a debt I might pay 1/4 of it if you pay 3/4 of it if you want to some money 4x you're gonna have to put some money with X for whatever that is and you're gonna go through Financial Peace University and you're gonna show me your budget not because I'm a control freak but because I want to make sure because I love you so much that you're doing things that are going to cause you to win before I give a drunk a drink that's how he's gonna stop now let me tell you what's gonna happen when you do that okay they're gonna get mad okay they're gonna get mad aren't they yeah they are and when they get mad then you say I still love you and I still want to help you but I have come to the conclusion that just giving your money is actually harming you I am funding your irresponsible behavior and you're not winning because of me and I feel so bad because I have harmed you instead of helped you and I don't want to harm you I love you too much so when you want to do some of these positive things I stand here ready to help you and to be your biggest cheerleader I will not give you any money anymore that doesn't have strings attached to you changing behavior and they're gonna get mad and leave you alone for a while one of them might come around eventually maybe two of them one of them will be mad the rest of their lives but if I allow my child to misbehave when they're teenagers and that leads them to a life of misbehavior have I helped them no I haven't loved them well okay I'm asking you to love your brothers and sisters well you've loved them I just want you to love them better does that make sense yes sir have you been stopped some grit in me I'm gonna there you go that's a word you see there's no meanness there's no anger there's no retaliation there's no I'm gonna bring up the past and hit you with it there's no shaming it's just I care about you and I want you to win the a hundred percent of this transaction we're discussing is for them it's no selfish motive at all now you'll get accused of being greedy and not wanting to be charitable and aren't you a real Christian and all you'll get accused of stuff like this when people get mad you better be ready because I get it all time gotta read my mail it's interesting yeah it's just you know because you know that that's the way people think when they have no boundaries and you've been an enabler and enabler czar the kindest sweetest people they're gentle Souls and that's you and so you've gotten run over is what's happened and it's not only harmful to you it's been harmful to them hold on I'm gonna send you a copy of the book boundaries and help you out this is the Dave Ramsey show [Music] [Music] [Music] we met it whistle Babel Church and he being a pilot and my dad being a pilot met and got to know each other and and then we got to chatting on the phone and kind of just took off from there became friends her dad had given me a book when we first got married Davis warning dates first books and financial peace and we had read that we had I had student loan debt pretty considerable amount of debt for the amount of money I was making but other than that we didn't have any credit card debt or car payments or anything like that but what caused us to decide to get out of debt was airlines are pretty fickle so so the turning point for me was knowing that we had too much debt and that I could possibly lose my job and not be able to function for even a month I couldn't fill my car with gas one month because we had less than a hundred dollars in the bank that feeling at the pump I was like I will never never be in this again my name's will and this is my wife Kelly and we live in Muscle Alaska and that work for as a pilot for Alaska Airlines and I am a photographer horse trainer adventure life with will go so when we got married that was one of the big things he was not very spontaneous he was very spontaneous and I was very much a planner and we clashed a lot and we look at each other and we go oh my gosh I'm so thankful though we agree and and we talked through things when maybe we have different ideas and then figure out how to combine those ideas we set goals every year on our anniversary we talk money goals and we always exceeded them it was really amazing actually I hope guys wouldn't every dollar came out that was amazing in the butt bit every dollar at the budget is the most other than being on board with one another and having the same goal that's the most crucial aspect of getting out of debt yeah you cannot lollygag yeah because you can save thousands of dollars a year by budget and knowing what you spent I don't know we spent this whole last year deaf free and it was really cool yeah that was amazing every penny coming in and didn't have to go out unless we wanted it to that was a really crazy feeling [Music] guys let's be real being a parent is hard work now that I have two daughters of my own it feels like the to-do list never ends and as every parent knows your priorities change and you have to make important decisions for your child's future that's my term life insurance is a must for every parent it's so easy to get and it's affordable what you're looking for is 10 to 12 times your annual income to make sure everyone in your family is taken care of Winston and I use Xander insurance they do all the work for you to find the best prices and options so go to Xander comm to get started on a quote today because that's who we trust to take care of our family [Music] [Music] [Applause] well one of the guys I admire most in the money space after Robert Morris's with us one of the best teachers on generosity that I've ever met in my life he wrote the huge best-selling book blessed life it's been a best-seller in 20 30 countries not only the u.s. one of my favorite books on giving and his new book is beyond blessed God's perfect plan to overcome all financial stress Max Lucado John Maxwell Lisa Bevere Craig Groeschel David Green Franklin Graham all endorsed it and they came up short of anybody well good to write the foreword so I got to write the foreword so I don't write four words for books but for pastor Robert Morris I write the foreword this book is incredible this man is incredible we're honored to spend a little time with you thanks for showing up my friend thank you it's a wonderful wonderful blessing to get to see you again you too sir so this is good stuff you and I were just talking about over lunch and let's go back to the blessed life the original the treatise the manifest yeah the big dog is about generosity yeah it's about giving but the twist is that I really believe that God spoke to me that we don't give to get we get to give that giving is about our heart that we actually want to help someone and the same way when we watch our children and let's say that our children are sharing we want to reward that so God wants to reward the right heart so when he can get giving in our heart if think about this day who created giving I mean God did I mean no one person did God did why he actually created it so you could have joy I can guarantee you at Christmas you are not excited about what you're opening you're excited about what your grandkids are open absolutely part of life is opening what giving enjoys watching the little kids in successful - let's exam or than Papa day Papa day didn't remember what he got for Christmas that's right so it's not sure he got anything actually but it's okay so it doesn't doesn't really matter because I got I got is five grandbabies open and stuff and it's a blast so but giving and generosity as we teach in Financial Peace University is only one of the subjects it's only one it's only one and I feel like as soon as I wrote the book and it started selling just unbelievably matter of fact we self-published it it sold over 250,000 copies self-published before we even went to a publisher and so but people started writing me saying hey I'm giving but I still have credit card debt and I didn't understand that and being a guy like yourself that understand stewardship I didn't understand law because there are two different things it's like I wrote a book on combing your hair and said this is one aspect of grooming and I didn't write anything about using deodorant I didn't write about you know bathing and someone would write me and say hey I'm combing my hair but I still stink well sure you do cuz you're not doing the rest of it and so forth this has been 17 years since the bless life I wanted to write this book and the blessed life is not the blessed pocketbook it's a life so a life walks on two legs and one of them is generosity but the other is good stewardship and stewardship means just managing it means managing our finances so you can't ever leave enough that God's gonna look down and go with a magic wand and say your credit card debts just gone a little baby right doesn't do that well and why think about this the reason he blesses us is two reasons one He loves us just like we'd love to bless our kids but also because he wants us to be a blessing so why would he give someone resources who's not going to manage those resources when he could give it to someone else who will manage those resources in such a way that the widow and the orphan and the undoctored kids and all the people that churches need to be built the missionaries need to be sent why wouldn't he bless that person yeah so when you're faithful and some little things says I put a pair of all the challenge I might give you more to manage it's exactly what is this and if you're not faithful little things more don't expect that's right just because you're generous right you know that's like the Oh cartoon character but God's got one shoe nailed to the floor yeah so you're just going in circles dog chased a lot of people who say well I give but I'm not I know I still have all these problems well they need what they need to learn to gear but they also need to take Sophie's Universal yeah yeah in a sense there's that that is spoken though in some church areas I mean some people say just say if you just give everything be okay and that's really a false message because it's not it doesn't line up with Scripture it's not true and when you look at scripture the whole of Scripture is about stewardship I mean God started with stewardship here's what he says to Adam and Eve this garden is mine and I want you to know I'll let you live here but I'm going to put a tree right in the middle of it so every time you walk by that tree you know who the owner is and who the stewards are and the very first life Satan really was because it said you'll be like God here's what they were saying you'll get to be the owner if you eat from this tree you get to be owners and not stewards whole new version of original sin Wow all right and that's where it all started I like that so why do Christians then have financial stress that's an underhand pitch you can answer that one in your left hand right behind your back can answer that it is because we do not manage our finances according to Scripture we don't liberal or B means we don't have a budget which is I've heard you talk about it when you fail to plan you plan to fail you know all these things and the problem I think is that we just don't have a motivation to really see what the fruit could come about in our lives living with no financial stress can you imagine living in a world where you never worry about your bills and if you see a family you want to bless you have the resources to do it that's exactly the world God would like for you to live in but it requires following the guidelines it does live on less than you may get out of debt be on a budget diversify your investments all these things are Scripture you everyone haven't been the same way though that we've seen god bless people when they're generous we see got people at our church when they go through Financial Peace University when they get on a budget when they start implementing biblical principles about their finances we've actually seen God bless them financially get supernaturally so it's not just that the the numbers add up it's not just math I'm a math guy I love math but it's not just that the math adds up it's that there comes a blessing on your life financial or your farmer and you planted corn you did the right thing and you kept the weeds out you did the right thing but you get a bumper crop that's beyond explanation that's right there's the blessed that's what you know I got I expected a harvest but oh no that's that's when that's when you say that's supernatural yeah yeah because you can't explain it mere human cause and a fact and I'll tell you one you can't explain so when Debbie and I decided to get out of debt we said we're not buying anything that's not a necessity until we're out of debt completely out of debt and so she comes me one night and hurt the hair dryer broke and she says to me this is a make you this your that eyes the man understood because I just run my fingers through it I know so I said okay I agree with you but we've learned to pray about every purchase so I just want to pray back I said do you need it before in the morning do you need me to go to 24-hour store get it you know she said no I'm okay so we pray about it the next day have to be Sunday we go to church we come home on our porch is a package we opened up there's a note that says I was at the store yesterday I know this sounds crazy but I felt like God told me to buy this for you that was a hair dryer that's weird it was a hair dryer I love it when you're wet as the Red Sea parting the point is that when we start to do God's will in our finances God said I would like to encourage you yeah I mean that there's no way you can explain that as a last point on that any other way you know a lady asked me that they how do you justify your faith I've had hair dryers on my doorstep I mean out my whole I've had all these things that show up that you cannot explain them so the book is beyond blessed written by pastor Robert Morris of the best-selling book the blessed life you do need to get this it's at Amazon Barnes & Noble anywhere great books or so are sold be sure you check all that out he's a pastor of Gateway Church a multi-campus Church down the Dallas Fort Worth area I've spoken there many times we've been friends a long time he's been a blessing to us and spoken in our events we go down there we're just been friends a long time tradin Trey stuff back and forth in a way and this is this guy is the best and so you don't want to miss this the book is called again beyond blessed if you want to be I suggest you read the principles that he puts forth in this book Pastor good to see you again good to see they thank you for hanging out with me my friend thank you this is the Dave Ramsey show [Music] [Applause] [Music] [Music] [Music] [Music] there is there's a turning point at which we were just like oh we hate that but then there was also a second turning point of going from we hate the mindset of high we hate death to we want to be really good stewards of our money and and that that was another shift let's not just stop here at the student loans let's tackle the house now too as I got raises we never changed our lifestyle we would put every single Ray's into the house as the numbers started going down we passed the tube 200 thousand mark and that was really cool to watch that never go to one and that's a big deal and when we passed the hundred thousand it was like we were on a roll this was just what wait a minute you think it was just more of a slog yeah I mean yeah you're at the base of a big mountain we had a trip planned down to the Kenai Peninsula it's about a four-hour drive out of Anchorage and we realized that trip coincided with the month that we were gonna pay the house off we're known as kind of like the crazy adventure couple we go and do things that most people would not do couple that we're doing an adventure and in the ping off our house in the process of it it took us eight and a half years to pay off my student loans in the house it was it was long in fact we've talked about her recently I don't think we realized what kind of a sacrifice was until after we were done it became the normal yeah I became normal we started with a nearly quarter million dollars of negative net worth and we could call in and do the millionaire our thing you probably in the next year and that's not that's not at all to brag that's simply the way the plan is set up it works you know when you own your house you can take two pads you can make more money or you can spend time with your family that's the that's the branch that I would like to take is is more quality time being able to dream bigger than we ever thought possible I mean restart talking millions of dollars and what you could do with that the way it would affect your life is pretty incredible yeah with all the young couples out there if you start starting now you would be blown out of the water what you can do and make goals three big [Music] hey I'm Rachel Cruz I love social media as much as anyone else but not everything we see in our feeds is reality we see a happy couple with their new truck or the perfect family photo but what we don't see is what it took to get there and if we take a step back and look at the bigger picture we see the huge payments the large pile of bills and the stress on their marriage in the truth is as a culture we've made a habit of comparing our lives to others and what's worse as we spend money we don't have just to keep up with everyone else in my new book love your life not theirs I shine a spotlight on one of the most damaging money habits that we have comparing ourselves to others when you quit the comparisons and reframe the way you think about money your money habits start to change you start developing the right habits for a meaningful life in this book I'll walk you through habits like making a plan for your money steering clear of debts talking about money even when it's hard and saving for the future these habits work and when they take hold you can have the things you want go where you want to go do the things you want to do and you can do it without the debt stress and worry that used to weigh you down but it won't happen by accident it's time to get intentional with your money so stop comparing and start living it's time to live the life you want it's time to love your life not there [Music] [Applause] [Music] we all have smartphones isn't it time for a Smart Plan pure jakk USA offers simply smarter Wireless that covers 99% of Americans stop overpaying for Wireless unlimited plans start as low as $20 per month and include the same great coverage you never pay for any data over cheese and pure talk USA never turns off your data no contracts no hidden fees no surprises if you're thinking are absurdly low cost means less coverage think again if your doc USA operates on the largest gsm network in the US to ensure you're connected virtually anytime anywhere and our 4G LTE network provides the fastest internet speeds like more expensive carriers you can keep your same phone and your same phone number add multiple lines to save 20% off your total bill go to pure talk USA are and do something smart today unlimited talk and text plans start at $20 per month no contracts no activation fees no reasons not to try come to pure talk us a calm and see how much you can save enter this promo code to receive 50% off your first month [Music] [Music] tony is with us in Raleigh North Carolina hi Tony welcome to the Dave Ramsey show certainly how can I help all right I'm at your phone's messin up are you speaking directly into it sir yes sir thank you I think okay now I'm cause ill intent and my question is I end up silent chapter 13 maybe about three or four years ago three years ago and while at the beginning of that I ended up surrendering a vehicle that was it in the bankruptcy and they have it bobbum in Hong Kong they stopped calling after about six months but what I've noticed is they have starting in my credit every month so I'll go up ten points Oh six points yes I've emailed them but they don't respond to me and it's one of those it's one of those places where they they only have like an email you can only contact there's really no phone number and what they have it bothered me except they just keep making my credit going on each month and I'm in the middle of a step two and I see the light at the end of the tunnel I should be debt-free but you know call consumer dead yeah repo on a repo deficits you can usually settle those for about a quarter on the dollar especially one that's is sold and sorry say if they say you own $10,000 you probably settle it for 2,500 but you are gonna have to track them down and get this done always do whatever set them what you do in writing email is fine but get it in writing and do not allow them to have electronic access to your checking account in the process but you're gonna have to hunt this down and cause it to happen because it's not gonna go away until you do I should I do that before continuing maybe set to or should I know I'm not jumping I quit a knockout baby step two they're not bothering you they're just messing up your credit score right yeah it was they're not suing you they're not garnishing your wages or not do anything like that so let's knock out baby step two now the other thing you can do if you want to if you can't get any response from them but it's it's not going to work long term it'll give you some short-term relief is if you can't get response from them you can dispute the entry on your credit bureau it's being inactive your credit bureau report is being inaccurate because apparently the contact information at least is inaccurate and so when you dispute that then the credit bureau has 30 days to get confirmation from them that the debt is valid if they don't confirm it within 30 days the credit bureau is required by federal law to take the entire entry off however it will pop back on as soon as they re report it again so it's a temporary fix until you dig the dandelion out by the roots you know what happens when you cut a dandelion in the front yard of your house right it's going to grow back with three friends and that's what happens here this is going to not go away it's going to get worse and worse and worse until you dig it out by the root and that's how you get rid of old debts and dandelions Julie is with us in Kansas City hi Julie how are you hi thanks for taking the call okay we will have baby steps to be completed in June at that time more money toward on home mortgage or retirement we suggest 15 we suggest maybe step 4 after baby step 3 which is your fully funded emergency fund in your debt free is 15 percent of your income going towards retirement have you heard that before yes we are 52 years old and we only have 150 thousand in retirement at this time so that's why I wondered if we should put more to tackle no we also need to get your house but we also need to get your house paid off before you get to retirement right exactly so these two things are both these both of these things urgent but if so if you go build up a million dollars and you don't pay off your house you still got a problem so 15 percent is baby step for everything above that that you can find throw it at the house and you'll be amazed how quickly the house goes away you know when you start really it's the only thing to work on other than 15 percent of your income going into retirement you're gonna look up I mean it may be seven years but time you're sixty I'm is my guess that house will be gone the house mortgage will be gone unless you have an unwieldy bad house mortgage meaning you got too much house that may be something to think about but I think if you really look at it and just go okay this amount divided by eight whatever the amount is one hundred sixty thousand divided by eight that's twenty thousand bucks a year above 15% going into retirement yeah you'll be done with that house and then you've got the rest of the time from whatever that house is paid off to really load up retirement you go you can max out everything and but you'll be fine I mean if you save fifteen percent of your income for the next 15 to 20 years you're gonna be if that alone will have caused you enough to have retirement and 20 years is 72 so that most people nowadays are working up into that if they're broke especially Demetria is with us our Dmitri is with us in Virginia hi Dmitry how are you I'm good Dave how are you better than I deserve what's up I've got a question for you alright I'm about a month away from completing baby step two especially approaching approaching baby step three it has to be out of baby step three and about by about me and and after that I'll be in the process of selling a home that's out of state so I'm trying to figure out what the best way would be to allocate the proceeds and the sales at home you're gonna do that after baby step three yes okay then I would apply it to wherever you are in the baby steps at that point which would be baby steps four five and six your before is fifteen percent of your income going into retirement you don't need the equity to do that it's fifteen percent of your income five is kids college you got kids yes how multiple kids one in college two in high school to an elementary school in into newborn okay cool all right so I'm gonna use some of that equity to start polishing up college for all of those and the young ones that doesn't take a lot you can get started with five or ten thousand dollars on that how much equity you gonna get out of this other property I'd say about twenty-five to thirty thousand okay I'm probably spreading that across that handful of kids and college that's maybe Step five if you told me you're getting two hundred fifty thousand I would do a bunch on the kids college and then reach over and pay off your house maybe step six because four or five and six you do simultaneously okay have you ever heard me say that before yes anytime you know four is done you don't to worry about four because it's just 15% of your income you just set that up and it's just junk Jing Jing Jing going along now you got a you got a windfall and five is the next thing and I don't think 25,000 is going to fund all of these kids college do you no no I don't think oh okay so we're gonna make a run at whatever is most urgent probably the older kids may be a little bit in the younger kids and then get the younger kids started on a monthly savings into a 529 or an ESA the two babies and then the one that's in school we got - we got a cash flow that puppy and then we got some in high school they're coming real fast and we gotta have some money towards that 25 it's not gonna cover all that so I'm probably spending it on the older kids and setting up the youngers on a payment you know a steady schedule like I do in my retirement and then if you get another windfall you polish off some more on the on the on the colleges and then you would maybe have enough - don't start dumping on the house at that point but you're not the position pay extra on your house maybe step six right now or in May you're not gonna be but you're really making huge progress congratulations I mean you got it feel good cuz you know you've got like a plan is y'all ever notice when you don't have a plan money just like evaporates it's like where to go where did it go you know I have no idea where it went I remember many many years ago my grandmother passed away she had a bazillion grandkids and they sold the farm and each of the grandkids got $5,200 I got $5,000 we were brand-new married $5,000 might have been a half million dollars as far as we're concerned we thought we were rich you know we thought we hit the lottery $5,000 I have no idea when it's gone I do not know where went it just disappeared because I was so stupid I didn't have an intentional plan that I was following when you have an intentional plan money gets traction when you don't have a plan you have no idea where it went this is the Dave Ramsey show [Music] [Music] [Music] everything about money is learning to control your behaviors or habits because personal finance upset about now sometimes it is 80% behavior is 20% of had knowledge so when you can give people hope that they can win at anything then they are willing to enter into the sacrificial behavior I'm not going to exercise at the Y and give up boots that I love sweet foods and big ol hairy wonderful dinners unless I get a result in my body but if by giving up a few of those things occasionally some morning's so that I can get out there and do my run you know our art be down in my gym or something like that I'll give those morning's up endure the pain if I get a result but you won't change behaviors and and enter into discipline the Bible says no discipline seems Pleasant at the time but it yields the harvest of righteousness you won't change those behaviors unless you think you're going to get a result and so hope enters into changing behavior the other thing that it is into it is for someone to just take a deep breath and become very passionate the word I use this morning on Twitter was fierce you need to be fierce about changing your behaviors fierce about saving money fierce about making the money that you worked so hard for viii fierce about the way you treat your team when you're in leadership the way you treat your spouse you need to engage these things engage your life don't just let your life happen to you because the only way habits are changed is with a fierceness our only habits are changes you have to you have to break the orbital pull of stupid the gravitational pull of stupid and the only way you can break a gravitational pull is to explode to pour in energy that is not currently there that's the only way you can do that I have to admit I'm not a fan of dental insurance very seldom does it pay off yet I understand that just one dental emergency can blow your budget quickly and the truth is no matter how expensive dentists visits can be you have to take care of your teeth that's why I am a fan of one dental comm one dental comm helps you save at the dentist immediately with an everyday low price it's like a Costco membership you pay a little to join but you save big every time you use it plus you can choose from tens of thousands of dentists all across the country and unlike dental insurance pre-existing conditions are accepted there are no waiting periods no maximums no claim forms and no deductibles it even includes orthodontics for kids and adults in fact I have team members who have saved over a thousand dollars for one procedure start saving today at one dental calm [Music] [Music] thank you for joining us America this is the Dave Ramsey show we're glad you're here open phones a triple eight eight two five five two two five if you've ever felt stupid because you don't understand your taxes that would make you normal I don't I mean I'm really good with money and math and pretty good at taxes but I'm there's no way no possible way Amy one of our fans had a different experience after working with one of our tax endorsed local providers never had someone try to help me understand how taxes worked until I work with my LP there's an expression if you can't explain it to a fifth grader you don't really understand it and she helped me fully understand it we found our new CPA thanks to you for pointing her to us there you go pointing us to hurt really so to find a tax professional that we recommend in your area go to Dave Ramsey comm slash tax advisor or on the front page of Dave Ramsey icon click ELP for taxes and set time of year I'm afraid Brian is with us in Rhode Island hi Brian how are you doing pretty good Dave good ok my wife and I we read the Total Money Makeover they're graduated from Financial Peace University how we're in baby step number two we've been in that posture for the past two years we initially had $82,000 of student loan debt and we brought it down to fifty five thousand now my question for you is we have two kids a three-year-old daughter and a one-year-old son my wife wants to put them in a private school next year the tuition is twelve thousand five hundred per child and so it's going to be 25 thousand for both of them to attend for a woman right yeah yes yes that's my sign yep I'm so confused what does she think she's going to get for that with a one-year-old that's right does she have an actual logical explanation for that she can't give me anything don't don't think she can give you that they're a sponge they're a sponge and it's better to put them in school at this time rather than we wait later until a lot of death okay all right and what's your household income it's 50 it's about fifty one thousand and you're gonna spend twenty five thousand yes well that's absurd dude even even if it was absolutely necessary you don't have that kind of money yep this is illogical you can't spend that kind of money on your house yep you can't spend fifty percent of your income on your home much less a one year olds tuition so this is so far it's so illogical and apparently so emotional that I'm not sure I'm gonna be able to give you an answer that's going to work for her I suspect you're gonna have to get some outside counsel whether it's your pastor or marriage counselor and someone else does she trusts to explain to her that this is plain straight-up stupid because it is I mean if she can't I I can't I can't imagine being able to reason with her if she ever thought this was a good idea that's my problem because it's so irrational it's not even close I mean if you told me you made 250,000 then we'd have a different discussion but you make $50,000 your household income is $50,000 a year and she wants spend $25,000 on school for a one-year-old a three-year-old yeah okay even if it was for a 12 year old who was a genius and you could make the sponge argument then right the kids a savant and I want to make sure he becomes all that God has for him to be even if that was the case you simply can't afford it and that's not the case because it's a premise is ludicrous by the way so just as an aside for you people out there let me help you with this there are zero data points that indicate private school 1 through 12 there's zero data points tying that to success zero zero now there are some safety factors there's some faith factors and there can be an increased academic experience but to say that this is the only way your child is going to succeed there's just no data points that indicate that none none and it goes all the way into college by the way for those of you listening I mean we just finished the millionaire study right the ten thousand millionaires sixty-seven percent of the millionaires that we studied did not go to prestige schools they went to state schools only eight percent went to prestige schools which tells us that it's not necessary to go to prestige school to become a millionaire that's what that that's a causal as a statistic that's causal you can tell okay so the premise that you have to go to private school in order to be successful in this world is ludicrous now there's no there's advantages to go into a private school and if you wanted to a private schooling you have the money to do a private school that's okay folks I don't mind that I'm okay with that I didn't do it my kids didn't do it but my son-in-law works for a private school so I'm not mad about private schools there's nothing wrong with that but but this idea that somehow your kid is going to be more likely to succeed no really not really there's no data points to say that so I make a bazillion dollars a year and I would not spend $25,000 on a one-year-old a three-year-old to go to anything there's nothing I love my got one-year-old grandbabies and three-year-old grandbabies and there's no possible way puppet that is right in that check and I love those grandbabies more than anything and they're the smartest kids on the planet by the way they're Ramsey so they're brilliant they're absolutely brilliant but I'm not doing that John's with us in Baltimore Maryland hey John welcome to the Dave Ramsey show hi Dave thanks for taking my call again sure what's up reach for my call I called you a while back you are very generous and you said year Total Money Makeover book a rented that night who loved working on that to paying off our debt now I have a question for you is tax season we rent and I know come April we are going to get a tax bill for anywhere from nine thousand to twelve thousand dollars do why keep putting money away what is renting you have to do with that it was I have nothing to write off oh so well you wouldn't be writing off your home anyway because in 2018 you have standard deduction of twelve thousand dollars are you married yes twenty four thousand dollars unless your interest in charity adds up to twenty four thousand dollars you would be taking the standard deduction anyway okay so with that being said I know that this bill is coming do I keep trying in you know not been pay you've not had withholding on your taxes no I do I'm w-2 employee okay you haven't had enough withheld I you know what I really need to talk to our accountant to see why high in thousand dollars in the hole under withheld yes well you're going to be penalized as well as that being under withheld then so what's your household income three hundred thousand oh okay well that's a little better than no you may not be penalized on that okay well you just scrape up the money put that at the top of your debt snowball because you need to knock out the IRS before anything else no just your w-2s appropriately but you're not going to have enough interest right off to make it make sense with the standard deduction even making 300k if you bought a home but let's pretend that you did okay if you had a ten thousand dollar interest write-off you guys are in a thirty four percent tax bracket this year okay okay so if you write off ten thousand dollars it saves you three thousand four hundred dollars on your taxes so what buying a home to create a tax deduction is mathematically is you're going to send ten thousand dollars in interest with your payment to the mortgage company in order to save three thousand four hundred dollars on your taxes okay so you would not do something just for a tax deduction because you're trading a dollar for a quarter understood so then I'm not right now in your opinion tackling and the other debt I'm just putting that money away so when April 4th 15th or whatever date it is I'm paying that off and then tackling the next yeah I put that as your top debt and and hopefully you won't be penalized if you pay it on time and hopefully you've not under withheld at the point that you're you're need a penalty or that you get assessed a penalty because under withholding gets penalized if you under withhold too much I don't think you have with your income but you need a good tax preparer and get this all adjusted and you guys need to get on a tight budget because $9,000 really shouldn't be a big stretch when you're making 300 that's $25,000 a month that puts this our the Dave Ramsey show in the books [Music] [Applause] [Music] [Music] our high health care costs getting you down are you confused trying to navigate the health insurance world do you wish you could find an affordable biblical solution to your healthcare costs based on New Testament principles Christian health care ministries are CHM helps christian families churches and businesses join together as the body of Christ to share their major health care costs as a CHM member you can go to any doctor or hospital you prefer you aren't bound by an approved healthcare provider list and all treatment decisions are made between you and your doctors no treatment approvals are ever part of the CHM experience for tens of thousands of Christians CHM is a trustee affordable and biblical health care solution and it can be the solution for you as well visit us online or call today to learn more about how we can serve your family church or business Christian health care ministries one eight hundred seven nine one six two two five CH ministries dot org [Music] Jennifer is up first in Middleburg Pennsylvania Jennifer you're on the Ken Coleman show hi mr. Coleman thank you for taking my call happy - how can I help all right so the situation is that I'm in graduate school and I will be graduating in May with the Masters in Social Work and this will be my I will be going into the workforce this will be the first time that I've had a white-collar job since 2005 I've worked as a waitress and I've worked and I've served in the military and I've worked and locally so I just want to know that when I go into it what do I need to do when I go into the interview process that will set me apart not only was just my resume but when I sit down with a potential boss what kind of questions do I need to ask them and in return how do I respond to some of their questions like why it was all the resumes in front of me why should we pick yours yes very good question and before I give you the advice have you ever been in an interview process before even though you say it's it's your first time in white-collar environment you've set their job interviews before correct yeah yes I actually had I was interning at an agency and I actually had the director and the building administrator as well as one of their counselors from another area actually run me through mock interviews good so I kind of know what to expect but it'd still be how do you answer some of the questions without coming across as arrogant I guess got it well I'm gonna give you an actual free resource we just launched if you go to Ken Coleman comm when you hang up it's gonna take you about a minute to have what I'm about to tell you which is five strategies on standing out in the hiring process we just published this free resource called how to win the interview so I'm gonna prepare you so that you can perform but I walk you through what to prepare for the first section is what you need to know this is you thinking through everything that you might need to know about the actual company mission statement purpose statement Awards they've won what is their specialty you really need to know about the company so they ask you about it you have a real sense of holistic knowledge of the company so I tell you what you need to know next what you need to expect these are the type of questions you're gonna need to be prepared for how you need to dress how you need to act and what you need to ask because ultimately Jennifer I believe that if you really ask good questions yourself that's what sets you apart from everybody else so you might get a question like well why would we pick you and that's a question needed you need to be prepared for however what I want to make sure that you're equally prepared for is when you get a chance to talk it's not just you answering questions answer their questions but you need to ask some questions if it gets to the interview and I say do you have any questions for us you need to say yes I do I have a few or I've written them down right here and don't be nervous about that that actually makes you look very prepared and very impressive and if you're nervous you've got them written down you're not fumbling all over yourself you can ask the questions so I've got a resource that's gonna do everything for you because I don't just prepare you I you know tell you what to think about I'm actually gonna give you examples so that's at Ken Coleman dot-com so I want you to download that okay and then I want you to have a mindset last thing I'll tell you is I want you to have the mindset that you may not be the most impressive resume candidate but you are and will be the most impressive candidate because of your preparedness and your passion to do the work you tell them why you got into Social Work why'd you just spend in the last X amount of years preparing this you've been in the military you know you served our nation why give them the why and how this company allows you to fulfill your why they need to hear stuff like that and let me tell you something you me we may never be the most impressive people on paper but we can be the most impressive people in the interview and it's all about passion for the role and how you want to be a part of the bigger team remember they're hiring you Jennifer to help the organization and them as a leader win so all you got to do is show them how you're gonna help them win that's what they're looking for do you understand what I'm saying it's not a beauty contest this is a I need a rock star on team it's not about how how pretty and how impressive your resume is it's do they see within you somebody that they want to go to battle with does that make sense yeah all right you got this Jennifer I want to hear back from you by the way I'd love for you to email Madison or call back back in and tell us how you did in the interview and if this resource helped you I'd love to hear that too or you can email us so that's that's exciting stuff go Jennifer go step one one thousand dollars to start your emergency fund step two pay off all debt using the debt snowball step three three to six months of expenses in savings step four invest 15% of household income in Roth IRAs and pre-tax retirement step five college funding for children step 6 pay off house early step 7 build wealth and give sacrifice determination you can be intentional about you gotta be on the same page they were calling but you know we're debt-free how's that everything you have done really really good and you're not gonna quit now than a huge witness for us to be able to share that it was time to get serious intentionality people to success this is your show America I know at 22 what I know now our life would be better is the show that's changing the world now you don't listen to the show you live it live from the headquarters of Ramsey solutions it's the Dave Ramsey show broadcasting from the dollar car rental studio where dead is dumb cash is king and the paid off Home Mortgage has taken the place of the BMW as the status symbol of choice I'm Dave Ramsey your host thank you for joining us America we are so glad you are here open phones at Triple Eight eight two five five two two five you jump in we'll talk about your life and your money it is a free call all right let's go to Theo in Miami to start off this hour hey Theo welcome to the Dave Ramsey show hey Dave how are you better than I deserve what's up well I just wanted to first before I even get into my question I'd say that's been thankful for all that you've done through financial piece you the Total Money Makeover book I read actually when I was in high school and it was just a big blessing really helped pave the way for kind of how I viewed finances later on in life so thank you for that thank you I'm gonna help today stepping into it yeah so my question is in regards to some strategies going forward in life so currently my wife and I both work and my website social media influencing and she's actually just exploded in the last six months to a year she went from just kind of doing as a hobby to now making upwards of about 25,000 give or take a couple every month Wow she'll get with like brand deals and collaborations and things like that so wonderful we're just so so blessed and wondering kind of how do we go forward with Stuart Ignace to man's benefit and God's glory so good well the first thing you know the first step is to walk through the baby steps and clear up your dad have an emergency fund be putting 15% away for retirement and pay off your home have you done all of that already yes sir we own our home free and clear yeah your own employees we do and your fully funding retirement then yes I work for the federal government actually and I get I have a trip savings plan plus a pension which I'm blessed to hopefully take advantage of down the road take advantage take advantage of the thrift plan and then she can do a simple IRA and how old are you guys I'm 23 she's 22 okay and she can do up 22 and make it 25,000 a month I don't want to drop by that that's impressive very cool yeah I you know she can put 19,000 a year in a simple so you guys need to sit down from an investing perspective with your smart Wester pro do you have that yet if you've got a relationship with a good advisor a good broker down with them and max out all the things that are available to you in good growth stock mutual funds now overall when I'm meeting with people that are our baby step 7 which you are house is paid for your funding retirement is max and so forth then what Sharon and I do and what I advise like when I'm meeting with an NFL person or a an NHL person or a country-music star or somebody's making Bank and you guys are making Bank okay and it's gonna get better it sounds like what you want to do is you want to apply a ratio to it okay and there's really four things that grab it every dollar you guys make right now after you--after expenses okay so you set a household budget I don't care except that at whatever you want she's making 300 you're making what okay so you got a $4 income so let's just pretend that for instance you would set your household budget maybe at a hundred okay and that that's a pretty good life and you got no payments so you can do a lot with a hundred grand and just be paying your bills and keeping the lights on and keeping insurance paid and so forth right so that gives me 300 if you set it at 150 you'd have 150 left for whatever 250 left whatever it is so right now you've got 300 but wherever you set your baseline at whatever's left over beyond that there's four things grab the money for things that the money should go to one is you have set taxes out of it okay and so you need to be with your tax professional and say I'm setting 30 percent out for taxes or 50 percent out for taxes or whatever it is you need to be setting out for taxes but you apply percentages to every dollar above your baseline budget and the percentages are taxes a giving which would in my house I'm an evangelical Christian would be just at least 10% cuz the tithe and beyond the tithe if I want to do another 10% so it'd be 20% to giving as an example or something like that I don't care if you put thirty percent whatever percentage was some percentage a percentage to enjoy additional lifestyle above your budget and a percentage to do more investing so invest pay your taxes enjoy and generosity and put a percentage on each of those an athlete that I was meeting with the other day that makes 10 million dollars a year after their baseline budget this particular athlete decided to put 50 percent aside for taxes and that left 50 percent won to do 20 percent in giving so that's 70 that leaves 30 for investing and enjoyment this particular athlete put 25 percent into investing in five percent into enjoyment which five percent of ten million is a lot of enjoyment okay so you're okay right it's not like he himself out or something but you've got to look at those percentages and say okay that means we get to buy a nicer car we get to go on this trip that's your enjoyment money you need to always enjoy some of it give some of it and invest some of it oh and you got to pay your taxes and just to put a ratio that totals up to a hundred percent on every one of those dollars and so for instance when I get in a a check from one of our publishers for a royalty check on one of our books which I opened up the mail yesterday and there was a nice check in there from one of my publishers that money is already spent on those ratios some of its fun some of its investing some of us additional giving and some of its taxes it's all got a plan for every one of those dollars and then I increased my fund budget or my spin budget my lifestyle budget whatever by that amount of money I put the rest of it in an investment I put the rest of it the family foundation for giving and put the rest and how tithe for my church and there we go it's just it's it's real easy so I don't have to sit and think about every time I get money what am I going to do with it it's already got a plan and it's just a ratio to out plan and that's baby step seven stuff now I'm gonna send you a copy of the book the legacy journey which is the only book I've written on wealth all of the other books have written were about money there's a difference in money and wealth and your kitten would be wealthy and you're trying to get your head around that and there's gonna be a lot of voices coming at you saying this is what's happening and that's what's happening and yeah you're gonna need to be ready for that so hold on I'm gonna send you a copy of the legacy journey and I think it'll guide you well in that thanks for calling in open phones at triple eight eight two five five two two five Heather says should we spend twenty thousand dollars for solar panels on our California house to make it competitive to sell even if we think it won't make the twenty thousand back in the home sale price well no that's dumb you can sell a house without solar panels in California that's just dumb I mean and no I'm not to spend twenty thousand on it and make less than I increase the value less than I spend on it that's double dumb no absolutely not not against solar panels but the way you ask the question answered the question this is the Dave Ramsey show [Music] i'm marc bloch and this is my wife Felicia bulat and we're from Chicago Illinois fire and I actually went to preschool together my mother talked about birth my entire life she was saying you know a number of art I will come pick you up from preschool and you will be holding bartend and we would go home he was saying I'm gonna marry Bart we met through mutual friends a summer before College and when he said his name was art it's just not that common of an I was like I was a preschool with a part and he asked me where preschool ones standing with him I grew up in Chicago in Beverly my parents didn't talk to us about money as kids I was kind of spoiled so anything I wanted up just ask my parents for it and they would give it to me so instant gratification so yes so growing up we didn't have like any formal conversations about money I was definitely afraid of like credit cards and a far enough I don't know I don't know why and I just kind of carried it through my life [Music] so coming out of college thankfully I was able to manage my normally expenses and then have disposable income on the side at the time I was I'm gonna call it irresponsible but I'd have a plan for the disposable income so it would get disposed I just went on Google it was like budget and just trying to find my different budgeting software or budgeting topics or spreadsheets or something just just trying to get more information and stumbled across Dave Ramsey is program and kind of the seven baby steps and I decided to start doing that so you guys went through Financial Peace University while you were dating then yes okay my mind was not changed at all until this for you so when we got there they asked us to introduce ourselves everybody in the room go around the room and say why you're here everyone's saying they're in the class because they have X amount of debt they wanna pay off and at some point halfway around the room I looked at Meyer and I'm thinking he doesn't have any day sounds like we're here for me at this point weren't engaged weren't married or anything like that but that was my plane he knows he knows I didn't know why yeah because it was an issue at the time I wanted to get married and he wasn't saying I'm gonna marry you maybe that's not romantic [Music] guys let's be real being a parent is hard work now that I have two daughters of my own it feels like the to-do list never ends and of every parent knows your priorities change and you have to make important decisions for your child's future that's my term life insurance is a must for every parent it's so easy to get and it's affordable what you're looking for is 10 to 12 times your annual income to make sure everyone in your family's taken care of Winston and I use Xander insurance they do all the work for you to find the best prices and options so go to Xander comm to get started on a quote today because that's who we trust to take care of our family [Music] [Music] this is the Dave Ramsey show thank you for joining us America we're glad you are here open phones a triple eight eight two five five two two five our question of the day comes from blinds.com at the bottom of the hour Rachel crews will be joining us and if you have a question for her as you hear me finish with a caller jump in and she'll be here for about a half an hour a couple of segments and we can get your question in at triple eight eight two five five two two five blinds.com is the number one online retailer of custom window coverings you get free samples free shipping and the new promos they run every month gets to save money use the promo code Ramsey questions from Ashley in Rhode Island I bought the Total Money Makeover I'm sitting down to create a budget for the first time - I stopped all automatic savings immediately yes aside from creating an emergency fund yes I have a stock purchase plan a 401k contribution and the health savings account all of these are taken right out of my check do I stop everything immediately yes when do I restart maybe step four when you start putting 15% of your income into retirement but when you are investing and you still have debt you're not gonna get out of debt when you are investing and you don't have an emergency fund when you have an emergency fund when you have an emergency not if because we all have them when you have an emergency you will cash out your 401k to pay your house payment because you lost your job well that involves penalties taxes and as dumb because you didn't have an emergency fund and so getting out of debt and getting the emergency fund in place baby steps 1 2 & 3 are foundational to even beginning to start to build wealth it lays the foundation and so you're just doing in that order so you've got a natural bent toward savings and that's a good thing I want you to use that natural bent but I and the fact that it's gonna kind of pain you to stop this stuff you're gonna kind of go oh I don't want to Oh use that pain to drive you through your debt snowball and get your debt paid off that much faster because every day you screw around that debt snowball don't get that debt paid off as a day you don't get to invest and you need to invest invest invest invest invest but you can't do that until you get your debts cleared and build your emergency fund that's the proper order in a decent financial plan and it's really not rocket science yeah you can't do three things at once you don't get any of them done Jasmine's in Detroit Michigan hi Jasmine and welcome to the Dave Ramsey show hi Dave thank you so much for taking my call sure okay well my question is my husband and I consider bankruptcy we're inspecting our second April and I have been at home I've been a stay-at-home mom with my daughter who's now well she's one years old now and I was taken off of work because of the disability that came with my second pregnancy so he's she's been the primary one that that works and I've been home with her and so old and older I what I'm 28 oh yeah okay and what does he do for a living okay and what does he make a year he makes his about 56,000 okay and how much debt do you have we're about a hundred okay not like one hundred and twelve thousand trying to break that down for me how much of that just student loans ninety six thousand three thirty four and then I have credit cards and though then like 500 and his Kansan collection accounts that's about 36 and some change and then also with my my stately cher care cart and our path least we went over a mile - you also have an overage of 2004 Ford on an old car that you don't have anymore well the so we returned our leaves and they put us in the new leaves and we had an outstanding overage for the mileage of 2000 that that we have to pay that we're trying to work through now what this new lease that we have how long okay so how much is your lease payment for dollars and we're expected to old and what is the second what is the how much time is left on that leaves 17 months left okay yeah all right no here's the thing if you file bankruptcy you will still owe the student loans and if you don't turn in the car and the bankruptcy you will still owe the lease payment so you really would only be filing bankruptcy on about $13,000 so it doesn't really do much for you but I understand you've got a baby and you've got a baby on the way any minute and you're scared I get that and that you have a right to be scared but that's just that would be in this situation so what we've got to do instead is figure out what we're gonna do first I'm gonna go do a second okay the first thing you're going to do the first thing you're going to do is you're gonna pay your rent or house payment your food bill and your lights and water and you're gonna put gas in the car the next thing you're going to pay is the car payment until we can get out of this car and don't you ever lease a car again you go get a thousand dollar beater car when you get this one turn two and maybe 17 months for you get out of it but at the end of that time you turn it in and you get you a beter car don't let them put you in another leash you're getting killed with these leases tell the student loan people to jump in the creek because you got no money it's called a hardship deferral we're in the middle of a hardship we can not pay ninety six thousand dollars with two babies brand-new babies and a $50,000 income so when I will do that right now so for now they're going to get nothing but they're not going to get any in bankruptcy and you've got to pay them after bankruptcy anyway so the credit cards you can quit paying them if you have to but if you do your budget you buy food first lights and water second shelter third transportation fourth we call that the four walls of your house the basic necessities to live paying a student loan paying a credit card paying a collections or paying on the $2,000 overage on your last lease are not necessities those are good things but they're not to pay you we want to pay them and get them out of your life but they're not necessities so they're far down the list keep the list in order here's what happens you'll be less fearful if your belly is full your lights and water are on and you're not going to be evicted if you do those things if you got lights and water heat cool food and a place to live and you know that that's done and you make enough to do that and enough for that matter pay this car payment although it's bad deal but pay the car payment you make enough to do all of those things so you got something to drive a place to live and you got food the rest of this is a bunch of barking dogs out in the backyard and we'll get around to feeding them but right now they're just gonna Yap but they're in the backyard they're not gonna destroy your life and then you begin to whittle at those as you're able to get an income coming in and as he's able to get his income up with part-time jobs and career changes and other things over time you begin to beat you get rid of this car you begin to beat your way through this and I'm gonna help you I've been right where you are when I was eight years old I was just as scared and lost as you are right now and we're gonna put you into Financial Peace University it's our nine week class with a one year online membership as well to every dollar and all the classes audio video everything all the community everything's online and we're gonna put you in the nine week class hold on Kelly's gonna pick up I'm gonna pay for it you're gonna be okay if you're gonna follow what I teach you to do this is the Dave Ramsey show [Music] hey guys you know what time it is it is time for a like spike go ahead and hit that like button why because every time you hit like it increases my chances of remaining employed and I sure do love my job so I'm gonna go ahead and use Dave's calculator here to calculate how many likes we need to get to our number and I just now realize that I didn't have no clue how to use this calculator because it's from I'm assuming 1987 which is before I was born so just hit that like button and let's hope we get there okay [Music] okay so Felicia it sounds like mr. Bart is he's like on this get out of that and he's mr. budget Bart right and you're dating him and he goes okay well we got to talk yes he brought a brand-new car he told me not to buy a car too and I told him you're crazy keep on by cars on cash that's insane no one could do that the car that you were buying was winning the car that we were buying who's gonna have to pay it off but yeah I didn't know he was marrying me so I'm like once again I don't need your permission to buy a car cuz it was just a suggestion so all kidding aside that had to cause some conflict I don't know any other way to say it yeah I think before we actually took a few it was very tense that's why I suggested that we take it together and I think that was actually the turning point must be both water same page if we had not gotten on board prior to getting married and got it on the same page I think it would have been a very rough first year of marriage for us we were lucky that we were taking the class so early versus it being gum you know years after being married I think that's just made all the difference to be honest so we paid off eighty one thousand dollars over the last four years so what kind of debt was the eighty one thousand so the eighty-one thousand was a combination of both car and student loans in a couple of gretagard big student loans then B cars big and honestly while we were engaged I was kind of like a slower time because we were paying for wedding stuff he had pretty much mapped it out right after the wedding around this time frame we'll be able to pay off the debt to credit cards car student loans that was my the last time was the car though then you didn't want to send the payment you maybe it was so scary I wanted to do it I was too scared I had I made him do it I was really big in shoes and sneakers and stuff so I had you know I was a pair of the sneakers when I met him hits that wall full of shoes so yeah so I saw all of those like I don't maybe 200 pairs of shoes and like a month and a half period that's kind of only crazy thing that uh that we did but that helped what do you think he got for all this Oh what I think I was like fifteen sixteen thousand dollars or something like that [Music] if I can summarize one word since thinking FB you I would say changed it's just my mind is completely changed we are completely changed as a unit after taking everything change for the better Dave talks about all the time people get divorced over me and I get I can see why it's much easier for us because of SVU there's plenty of things to fight about marriage money does not need to be one of them being able to have somebody who cares about the family's money and not their own individual once is something that you couldn't even put into words how how much that matters very why someone recently asked me when we ever get into debt again or something like that [Music] one of the things that makes the Dave Ramsey show unique from other shows is that we genuinely care about our listeners that's why we're intentional about choosing advertisers that we know will serve our listeners well blinds.com is no exception for years I've been telling you how amazing these guys are blinds.com offers high quality window treatments at unbelievable prices and their customer service is unbeatable they make buying measuring and installing blinds fun affordable and shockingly easy and if you accidentally miss measure or pick the wrong color they'll remake your blinds for free when you're looking for window blinds the only place you need to go is blinds calm with blinds calm you get free samples free shipping and when you use the promo code Ramzi you'll save even more take advantage of this week's special promotional offer when you go to blinds.com and use the promo code Ramsey [Music] [Music] [Applause] [Music] join me this half-hour to answer your question Rachael Cruz number one best-selling author multiple times the latest book is love your life not theirs and she's also the host of the very popular Rachael Cruz show the Rachael Cruz show video and podcast series on YouTube Facebook and now again a podcast and the podcast has exploded welcome back thank you thanks for having back you got in late last night you were in Raleigh yes we did a Raleigh smart money event me and Anthony O'Neal and it was so fun we were just talking about it before we came on the air oh such a great crowd thirteen hundred of you out there in Raleigh it was so fun apparently the venue was electric you could hear everything and see everything that's what both you and Anthony said when you came back that makes it so much more fun as those speakers yeah as a speaker sometimes these venues you can't hear the audience to really see them and they just kind of feel away but this was like so great you could hear really yep absolutely it's like a dinner party and having fun telling jokes and yeah and making progress now that's great good stuff so the smart money event a big success last night in Raleigh our next one is February the 20th in Grand Rapids Michigan I'll be doing that with Anthony O'Neill and that will also be a live stream if you would like to watch that as a live stream it's available so you can check that out and then Rachel you and Anthony the next day will be in Cincinnati Ohio the 21st yes Cincinnati smart money there we go yeah and then March 14th I'll do Atlanta with Anthony and San Diego I'll be there doing a smart money event solo first time I've done that in a while March 25th in San Diego at Rock Church looking forward to that so lots of stuff going on and really next week you've got the Valentine's Day imagine money thing coming up yeah there's a lot happening but it's good money a marriage event Valentine's night so we are doing it here in Nashville stole some tickets left to come to the actual live show so if you want to take a destination trip Nashville's a fun place so spend they air spend so say Thanksgiving you can if you want to do that November but this will be free Valentine's and and we're live-streaming that one as well so if you're not able to get to Nashville you can get tickets for the live stream it'll be fun so that one has dr. less apparent myself and we're bringing on musical guest Dave Barnes so he'll be playing kind of in and out of the within the event he's not only very talented be funny with you three as cut-ups that's going to be stand-up comedy he says you and the US are already doing stop coming you put Barnes in there this is going to be a fast oh my gosh he's great that'll be a great addition yeah week from Thursday right yes yeah you're right yeah coming up man they're coming up fast and that's here in Nashville Valentine's Day money and marriage then Kansas City Des Moines and Dallas money in marriage a lot of stuff going on a lot of places where you can see Rachael Cruz and this week's episode on the podcast the subject is what how to give yourself a raise so how do you do that yeah a couple of ways so one of the things we talk about is the idea of taxes so tax season is coming up and so many people love getting a refund and I think hid money in the mail and they're like it's free money like let's go shopping let's go on vacation and you emotionally forget that you worked for that money and so taking the challenge of don't don't get a tax refund this year like do what you can to equal out your taxes so you don't get that refund because technically that's your money sitting in Washington DC and it's not working for you you know you could have been using that money all year to pay off debt to invest to give it away to spend it but it's been sitting in Uncle Sam's hands you know I didn't even pay you interest on it no literally so that's one thing obviously contentment is a huge part right if you're not just spending money buying a bunch of crap that you think is gonna make you happy like so many of us could intend to do and learning just to be content so one of my actual personal good friends Annie of Downs came on and we kind of talked through that subject about you know when life doesn't end up the way you think it is you know with disappointment and all that how do you stay content you just do not run around with people that aren't funny do you she's funny she's very cool yeah she's so funny and it's great because I'm able to take you know this content that we talked about here on the podcast and we surveyed my audience and asked them what their favorite podcasts were and out of all the podcasts the number one was an EF towns that sounds fun podcasts like a lot of that we have a lot of crossover in our audience and that was fine so it's always fun bringing on friends you know that people kind of know both of us too so well your mother is a big fan of Annie's podcast there you go the podcast errors airs once a week every other week right now really week looks like the show just like the YouTube shows but there might be subscribe to the podcast cuz that's one element I said those last two notes on the show but it's true it's one way I can just kind of put out content when I want so there will be you can do some random drops there will be some random drops coming soon coming soon so Apple iTunes you can do Spotify yeah anywhere this podcast anywhere a great podcast or so yes on the show as well we talk about budgeting and how that gives you a raise we always say that and we brought on a lady named Tracy and she was phenomenal she's a single lady and she I took her for pay checks to save up money to get an FPU kit and she went through it she was on the brink of like losing everything I mean she was just barely making it and now she's paid off debt she's like she's almost debt-free I mean it's just amazing her turnaround in her story so she's on there as well it's always fun to kind of bring on people that are in the middle of this and they're doing the journey and she was phenomenal so so cool it's authentic it just makes what we're doing real yeah sort of me just saying baby steps baby actually meet someone that's grinding you know there's no hustle in the garage he's been working extra for almost a year now well part-time like she does a part-time gig after her full time and she's just killing it so it's just inspiring it really is seeing these people so we get to tell her story and talk with her and how she's doing it very very cool all right from the official race rachel cruz community is that that's a facebook community yes started it for the show that people started flocking to it so it's out there if you want to join to all the official Rachael Cruz community Christie says my husband and I inherited a house when his mother passed away we've rented out the house do we use the rent money to save an emergency fund for the for the rental house we had our regular emergency fund and then we took a hit when we changed insurance well I would say if your regular emergency fund is not full absolutely I mean you definitely can take that rent and put it towards that I mean the emergency funds there to build it up as quickly as possible with any extra cash you have coming in so I'd definitely consider that extra income now the first thing you do is you you have an emergency fund at home and then the second thing when you have a rental property is you do need to keep some extra cash in your rental account because something's going to break at the rental house or they're going to move out you got to put some carpet in or something's gonna come up you're gonna need some cash so you better be holding a rental emergency fund after you get done and so Sara also in the official Rachael crews community says my husband and I have been debating how we're going to come come up with $1,000 for emergency savings we can take it from the tax refund but unsure when that will arrive any other suggestions I mean the thousand dollar mergency fund is interesting to me so yes can you take it from the tax refund absolutely but you have to understand like when you when you get this you take that first step of that thousand dollars you have to be so emotionally bought in like you will save money when it becomes important to you like you have to realize that you have to change what you've been doing and it sounds like you know yes as $1,000 a lot depending on your case yeah it can't be a lot it can't be overwhelming but it's overwhelming cuz you've been doing what you've been doing for so long and so you have to completely shift your mind to say okay I'm gonna budget and I'm gonna take stuff out of my budget I'm gonna sell stuff I'm gonna work extra lling you're gonna have to do things differently than you have in your past in order to get this thousand dollars and that change is not fun you know last night at Raleigh's we're doing the baby steps we talked about this the first baby step it's usually the easiest and it's the hardest because it's the hardest cuz you're saying I'm gonna do something different and that change is uncomfortable it's not always exciting but you have to make that change if you're unhappy with where you are so there's that and then the second I'm like man use this example in financial University but it's a true one if like if you had something that was so important to you to say if you could save and if you just imagine a child in your life that you loved and one of your kids maybe a niece and nephew and if they were sick and they needed a thousand dollars to get a vaccine to heal them within a month you could do that right I mean I would be ripping TVs off my wall I mean I would do whatever I could to say I mean I would go crazy for that for my kids and so there's a there's not a Blatter's enough yeah there's a visceral reaction you have to have and that's when you start to save Rachael Cruz joins us this half-hour to answer your questions back with your questions right here on the Dave Ramsey show [Music] [Music] [Music] [Applause] [Music] I remember being in high school and there was a girl I went to church with and she had a brand new car like when we turned 16 it was a nice luxury car brand new car and she was the friend that always just like had all her outfits put together like I really got to the movies and like we all want to go to her house like where her clothes cuz she had the best clothes she had amazing purses her house was gorgeous it's like she had everything all the time like she was just that friend I had in high school and I remember thinking all the time oh my god she's so rich like they have to be so rich they have to be so rich well one day we were talking and there was a concert coming up is there a group of us at church that wanted to go to this concert and the tickets were like a hundred bucks so not like it's not a free concert okay so like it was a hundred bucks so I get it's like kind of an expensive ticket for high school but that's what it was and so we all talked okay y'all go ask our parents the next day we were all talking and she said the words oh well my mom said we can't afford it this month and I was like what in my head I was thinking like I can't afford it like you're driving a brand new car like like your Gucci bag costs thousands of dollars like okay man I was like what do you mean you can't afford it I went home and I just tell my parents about it at dinner I was like yes she can't go because her mom said they couldn't afford it and my mom said something I'll never forget she said Rachel this may or may not be her case but remember debt makes people look a whole lot better than they actually are so you guys that's the reality of the world we're living in whether it's the Instagram life you're looking at or the fashion blogger or the friends you have sometimes the parents that they put on it's not the reality like what's in their bank account is not true what's in their investments may not be shown because they may not happen he cuz they spend everything they make so again building wealth I'm gonna tell you over and over again it's going to be boring it may not be flashy but in the end you're actually going to be able to live and give like no one else [Music] I have to admit I'm not a fan of dental insurance very seldom does it pay off yet I understand that just one dental emergency can blow your budget quickly and the truth is no matter how expensive dentists visits can be you have to take care of your teeth that's why I am a fan of one dental comm one dental comm helps you save at the dentist immediately with an everyday low price it's like a Costco membership you pay a little to join but you save big every time you use it plus you can choose from tens of thousands of dentists all across the country and unlike dental insurance pre-existing conditions are accepted there are no waiting periods no maximums no claim forms and no deductibles it even includes orthodontics for kids and adults in fact I have team members who have saved over a thousand dollars for one procedure start saving today at one dental calm [Music] [Music] best-selling author rachel cruz ramsey personality host of the rachel cruz show popular every other week youtube show and podcast and check it out there tiffany is with us in orlando hi Tiffany your question for rich on me hi Rachel how are you doing well how are you doing no one okay I'm not as a question about about purchasing a home for about a year and we don't have I don't have any children myself and my husband has three children abroad which two of them will be coming over within the next year and we are currently renting a one-bedroom and I wanted to have children I'm trying to seek advice we want to get a house because they need something bigger and we've already computed in step one and currently in the middle of finishing baby said to I wanted to be positive or should we just break well the quick answer is rent a bigger unit or go rent a house but because buying a house while you're in baby step two is not a good idea when you have debt and you have that small emergency fund of just a thousand dollars putting a mortgage and a house purchase and the downpayment everything on top of that what's gonna end up happening usually is that your house becomes a burden rather than a blessing and so we always tell people baby step three be so that's once you're out of debt and you have a fully funded emergency fund the baby step three then say for the down payment on your home so how much debt do you guys have left my car payment but my loan is our 18 and have eighteen thousand left and we have about five thousand dollars like the credit card debt and that's it what's the household income we're taking home about seventy thousand time that's great I mean for me I'm like gosh those numbers I mean you're gonna be able how much is the car worth those gonna say I do sell the car how much is it worth um if I was to sell it it'll probably be a worse about 12 okay well I think you can pay off that debt and that credit card in a year girl I mean if you guys stuck to it you sacrifice some things you planned it out well you could be debt-free rather quickly and build up that emergency fund so buy a house for you to me is like it's in the near future I wouldn't do it tomorrow but I would do it once you're out of debt and that emergency fund is funded I think I think you have about two years you got about two years to get there so you're gonna have to rent a little bigger space to house these babies that you're getting a handle or you're gonna have and and that's a temporary thing though because it's going to take you about a year to get out of debt another year to save your emergency fund in your down payment so you're a but you're only about two years away and you're probably not getting these kids for what it's really gonna be about a year at that okay so really you could stay right where you are for about a year you could rent something a little bigger for a year with kids start planning your family and start looking for a house while you save the emergency fund on the down payment you're gonna be there two years is gonna go by so fast and if you get this out of order it's going to turn your dream into a nightmare Rachel's right andrew is with us in Columbus I Andrew your question for Rachel Cruise hey guys it's such an honor Duff to speak with you thank you so much for taking my call sure no I you're getting ready to get our tax return them and we recently actually just got a few thousand dollars in the situation where is my income doesn't cover all of our bills and my wife does photography so what happens is we kind of need money months a month and then sometimes she you know has more business than others so what's happening is we have a lot of money coming in and I need about four hundred dollars extra per month how does my tax return for my monthly bills how do I set aside the money that I am going to need for those bills without getting into it so we spent extra money this past month that we shouldn't have and I'm trying to prevent that going forward so most of the time that does your wife's photography business cover your months month or your 400 short every month even with her income that is it does not include her income so when she has the business when he comes in like if she is photoshoot it helps make up the difference but I try to plan like with my tax refund 400 dollars per month to cover all my bills and it is so you're getting I'm trying with that for and are using your tax refund to subsidize your income yes yeah yeah you need to just adjust your w-2 so that you don't have a tax refund increase your check yeah 100 because you how big a tax refund are you getting this year we're probably looking at about 7,000 we actually did just fix that problem so we'll be getting that in but even after fixing that we're about 400 short every month okay so you're now having the proper amount withheld so you're gonna have no tax refund and now you're still gonna be 400 yes sir yeah how much is your car payment three hundred and thirty five dollars a month ding ding looking at going over the whole year I think I can have the car with the tax refund I can have it paid off your honestly I mean he had another tax refund you're getting one right right so I fix the taxes so they're good from now on and then we're getting one this year from last year when our tax I got it I got it and how much debt do you have so we have about fourteen thousand dollars in student loans sixteen thousand dollars on the car and about a hundred and sixty five hundred and seventy on a house okay all right so yeah I mean you've got to get your budget to balance that's your starting point without some kind of outside subsidy so you're working an extra job that brings in four hundred dollars you're going to use the seven thousand on your debt snowball and and if you can't do that you need to get this car sold tomorrow okay because that's your four hundred dollar shortage right there that's killing you but if I'm you yeah you're right you can clean up these debts in a year overall and yeah but you've just got this monthly drain that you've got to make adjustment for and that means that you're doing something extra if she's not doing photo shoots so she's got really oh so she got their button gear and do some photo shoots or you're gonna be out there to bring or something yeah yeah so it's smart to set aside what we're short monthly out of our tax return since we're getting a big one backer now it's smart to cover it at a sale of your car or increase of your income okay okay basically emotionally you think you're not getting that seven thousand it's going straight to debt and then adjusting your life okay on that yeah okay that's how you've got an income problem that you need to address and you you're hiding it if you use savings to address it you're hiding trying the problems they're hiding from your reality how did you know yet a car payment you're good I've been doing this I know the wisdom of the ages that the car payment was going to be almost exactly the shorteez know there you go there you go that's the sound of your car being so if you didn't know what that was that occurs it's just like that just like that the car is gone with a ding ding oh my goodness Dave I'm just starting your program we've got 25,000 in the bank money is my security and I'm scared to death to take it down to almost nothing helped me understand how to live with just a thousand dollars in the bank it makes me nervous I have 78 thousand in debt what do you think know it I mean there's a there's a true fear of the lack of security that's a real thing and so that thousand dollars yep that oh it does it gets you but what it does is it keeps that motivation high and it makes emergencies that may be made you know that are not emergencies not happen because sometimes if you have that cushion it's easy to kind of live life and there's a there's not that much motivation but when you know that that's all you have and everything else goes to the debts it's amazing the progress you make on the debt but also you reframe your mind a lot on your on your life choices as well yeah you the you actually repurpose that fear to cause you to sacrifice deeply to get the student to get the debts paid off as fast as possible because you don't want to live with only $1000 st. it's good that's a wise fear yeah a good fear like don't play in the traffic fear and so yeah and 25,000 on 78 leaves you 53 now it's gonna say so have you got your your your quarter the way there I mean your two-thirds are your third of the way there rather and so you're gonna get there Rachel Cruise Rachel Cruise show on Facebook on YouTube and now as a podcast on Apple Spotify and Google congratulations on all of this booming thanks so much appreciate things for having me on this is the Dave Ramsey show [Music] [Applause] [Music] hello I'm Ken Coleman every day on my show I talked to people who want to find their purpose to do work that matters now if you need an education or a certification to be who you were created to be I want to tell you about my alma mater Liberty University Liberty has been showing students how to find their purpose for nearly 50 years and they can help you get there affordably they haven't raised their online tuition in over four years so whether you want to learn on campus or online Liberty offers over 700 degree programs for those of you who feel like you don't have the time or you don't have the money to learn what you need to know Liberty University's online education can help you get where you want to be without hurting your budget or your family check them out right now go to Liberty edu backslash ken that's Liberty edu backslash Kent go no excuses change your future right now [Music] [Music] chris hogan here i've spent so much time on the road and talked with a lot of people and the millionaire success stories that i run into might surprise you whether I'm at an event or talking on my podcast one thing has become clear most people have no idea what a self-made millionaire really looks like you're gonna get a glimpse into the life of a self-made millionaire we just don't do death it's bondage so we will have no part of it you don't want to miss it people this is every day millionaires first off and we never set out to be millionaires what we set out to do was get debt-free and you know I listen to the Dave Ramsey show when I'm quilting that's one of my hobbies and I hear people who get out of debt early sort of the way my husband and I did and Dave always said you're going to be millionaires and I'm sure he's right in every case because it's just a natural thing you have the habits now of good money management and you can't help but evolved into a millionaire it's like a child that just keeps growing they can't help it I'm Julie and I live outside of Cincinnati and within northern suburbs I am married my husband's name is Mark he can't be with us today because he has an international job and he's in China right now I have never made the income that you would expect a millionaire in fact it was not my income or my husband's income we just plowed money into investments and what really made us a millionaire is that the stock market took off in a big way the real estate market also took off and at the time I became a millionaire my house was probably worth about 130 hundred forty because the value of my assets it was my assets that made me wealthy not my income to put it all in a nutshell because this was a process it took us a total of about seven maybe seven and a half years between deciding we wanted no debt to becoming a millionaire we were millionaires by the time we were 37 I've been a millionaire now for over 20 years actually it was kind of shocking to us truthfully I didn't believe I was a millionaire I had some extreme poverty when I was in high school and this is a little hard to talk about my my father was very ill and he lost his job frankly we lived on welfare for a period of time and there were four separate times that I came within 24 hours of being homeless so I I learned to be terrified of debts I also learned that anything can happen to anybody I have to say the lack of money was part of my identity it could be a long to get over the fright that a huge impact so I it was it was a scarcity mentality so you just graduated college and you think you need to go straight into grad school but you got to take out student loans huh let's talk about that right now keep it locked so one of the questions I am always asked hey Anthony I just graduated from college I need to go to grad school but I gotta take out student loans what do you think you'll be rich right now no I do not agree for you to continue stacking your debt to get more education to get further into debt for a program that you may or may not need so let's talk about this what if you do need to go to graduate school for the career that you really want to get into what I want you to do is step back and I want you to figure out how to cash flow that I know you're like what wait a minute no no no no yes yes the SES yes I want you to take some time and I want you to work and cashflow it I want you to start thinking about your future you guys you do not want to have a hundred thousand one hundred fifty thousand dollars worth of debt and only get a forty fifty sixty seventy thousand dollar career if you do not need the Graduate School don't go why are you gonna waste money why are you gonna waste your time just to have a piece of paper I agree that education is important make sure the education that you're getting that you're paying cash for and not stacking dead is worth every cent as in you absolutely needed to get more money and they get into the career fill that you really want to get into it but to be honest with you stay away from it if you don't need it don't do it go out there and work but if you do need it cash flow hey there's a boy Anthony Neal we'll see you our next video peace sacrifice determination you can be intentional about your character you gotta be on the same page they were calling to let you know we're debt-free how's that every you have done really really good and you're not gonna quit than a huge witness for us to be able to share that it was time to get serious intentionality people right the success this is your show America I knew it 22 what I know now our life would be better is the show that's changing the world you don't listen to the show you live it live from the headquarters of Ramsey solutions broadcasting from the dollar car rental studio it's the Dave Ramsey show where dead is dumb cash is king and the paid off Home Mortgage has become a signal that you might be in everyday millionaire this is a millionaire theme our a millionaire somebody with a $1,000,000 or greater net worth is that enough well we can discuss that at another time today we're going to talk with real millionaires and we want to know how they got there what did they do real ones not your broke brother-in-law with a political opinion but real millionaires and find out from them what their habits are what they think and you can learn from them we do this because if you want to be skinny you talk to skinny people about what they eat and how they exercise if you want to grow hair on top of your head you don't talk to me I'm not good at it if you want to be good at your marriage you don't talk to someone that's been divorced 14 times you talk to someone's been married 67 years and find out how that woman didn't kill him well you'll find somebody that's winning and you emulate copy their behaviors so we're gonna talk to real millionaires what did you do did you inherit your money did you work for it are you a sports figure are you an actor did you steal all your money because we all know evil peep wealthy people are all evil I mean you've heard that right I hear it all the time you must have done something wrong otherwise how would you have that money and yet in these millionaire themed hours I've not talked to a single evil person yet a million dollar net worth means that your assets exceed your liabilities about 1 million dollars in other words if you take what you own minus what you owe if that equals 1 million dollars or greater you are by definition a millionaire and what you own is houses and 401ks and gold bars and antiques and art and whatever it is cash whatever it is you own minus what you owe if you have any day you subtract that and the difference is called your net worth and then you're a millionaire a Millionaire is not someone that makes a million dollars a year that is not the definition of a millionaire some people say net worth millionaire that's redundant you know there's no other kind of millionaire except net worth that is by definition what a millionaire is a billionaire is someone whose net worth is a billion dollars or greater that's how this works so we're going to talk to real ones if you're a real millionaire call me at triple 8 8 2 5 5 2 2 5 I'm going to interview you and ask you questions about how you did it triple 8 8 2 5 5 2 2 5 crystal is in Dallas Texas crystal what's your net worth how did they have one point four one point four and get me the breakdown on that how much is in retirement how much is in real estate how much is in other stuff we've got 750 in retirement that's two IRAs 401 K and 430 and we've the next big chunk is about five hundred in the house primary residences paid off we have just almost a hundred and non-retirement mutual funds and 60 in cash good for you well done how old are you I am 38 and my husband's 41 young millionaires so how much of this 1.4 million is there because you inherited it nothing because anybody died I would say that my dad gave McFadden admah that he did not use for college so he paid for my undergrad and we did have over a hundred thousand and another that we used to put down the down payment on our house okay so you got $100,000 headstart okay yeah okay but that really doesn't equate to 1.4 million so you're not an heir because of that but it didn't hurt yeah so what has been your range of income since you guys started working your household income top and bottom number well when we got married in a six it was about 80 and this year we're going to make a little over 200 Wow what do you guys do for a living what's your career well I don't make much of the money I'm a physicist and research scientist at the Medical Center and my husband is a city and urban planner okay all right and what is his degree in he is undergrad is in government and then he has two masters in public administration in city and urban planning Wow good for him sharp dude so what was his GPA yeah I mean idea oh I actually don't know he didn't do that well in high school and did Community College for the first two years but then I know he did well in college but I don't know what the number is and you're a processor you're a physicist so your GPA must have been high well my undergrad was in the high threes that I always made B's in physics because it was a challenge yeah okay that's funny I love it but grad school I did really well yeah usually people buckle down in grad school that's good okay so how much of the 1.4 million is there because you borrowed money to make money we did not borrow money to make money now it's a nothing - and how many brand-new cars have you bought well I'd say one that we bought and paid off in three years but we did we could buy one before you know yes okay - one car all right cool and what part does giving play in your financial plan tell me about your giving we have always tried we do give above that occasionally but that's our main focus we're still working on saving up to buy a new car so it's we don't do above and beyond a lot but we do try to give constantly okay so you're 38 year old millionaires you had $100,000 head start talk to the 24 year old recent college graduate version of you 14 years ago has opportunity in America passed you by or can it still be done oh that's why I can still be done I would say just invest early and pay attention to how you're doing their investments I used to think long-term investing that just put put it there and let it sit and I didn't pay a lot of attention and then my husband taught me about paying attention I was getting it in good growth stock mutual funds right exactly stuff that is performing so are you guys readers or TV watchers how many hours a week to the two of you watching television I'd say we watch too much television but that may be a phase of life having two little babies but we do both read a lot as well okay how many books a year would you say you read for pleasure probably only two or three and the rest assure me a lot to work for work okay you've got got to keep up what about him he reads a lot for work as well so at home probably not maybe maybe one or two books a year yeah okay cool perfect perfect all right so you didn't steal any of this money now and you and you didn't inherit it and none of you are 4.0 graduates that people just threw money at because you were just geniuses no it's steady investing you got your house paid off and you're 38 years old okay very proud of you I'm gonna send you a copy of Chris's book everyday millionaires and a copy of my book the legacy journey for each of our millionaire callers today this is a millionaire and every day millionaires female here on the Dave Ramsey show [Music] [Music] hello everyone I've got a question for you do you know your net worth you see there's a lot of confusion out there about net worth I mean people think only celebrities have a net worth that's not the case everyone has one but what we have to do is understand how to do this well here's what you do net worth is defined by taking what you own - what you own and that gives you your net worth you see understanding this is crucial to you beginning your journey to becoming an everyday millionaire we've got to know the start point but we also have to have a game plan that's why we developed a network calculator it's six easy questions tailored to help you to understand where you are and to know your net worth you can do this and I'm here to help all you have to do is enter your email address to get started I think the average millionaire becomes rich by starting their own small business a lot of people you know are sort of born into it some of them work really hard and some days deal I would say it's family money it's old money I think it's a combination of working hard being responsible with your money smarts being organized and there's no way to do it without hard work some of the major causes of poverty the cycle of poverty doesn't help which really is because the root cause lack of education yeah any poverty suspicious cycle there's not a lot of money being put out on the bottom level I think poor money management I say big problems just getting born into it and people thinking that there's no way out of it I definitely think it's possible to get out of poverty one way to do that is like I said earlier it's a network just try make sure you're getting in touch with the right people it just depends on you it depends on a lot of factors a lot to be they're not working to be there but not only hard work to get you to be rich it takes me there consciously making that decision receiving help I mean all it really takes is willpower because we all have the same opportunity the average American household has 286 dollars worth of unused tech and electronics 286 dollars that can go a long way when you're paying off debt don't let easy cash just sit around go to declutter calm declutter is the fastest and easiest way to sell your cell phones and electronics for quick cash they also buy CDs DVDs and books declutter is totally free easy to use go to their site and find out how much your stuff is worth then you pack it into a box and you ship your items for free the clutter will pay you the day after it arrives the clutter pays the best prices for cell phones and tech up to 33 percent more than any cell phone carrier now here's the best part the clutter is offering my listeners an extra 10% in cash or your items when you use the code Dave 10 simply visit declutter calm that's the ecl utt are without the second e to get started today [Music] [Music] miss Hogan's number one book everyday millionaires is a book of stories a book of encouragement and it covers the key statistics that we found when Chris and our team did the largest study of millionaires ever done over ten thousand millionaires interviewed with airtight research technique no question about this stuff and we determined quite a few interesting things about millionaires that's all covered in the book everyday millionaires because we found a bunch of them there hiding in plain sight as chris says the book the only book I have written on wealth is called the legacy journey and we're gonna give a copy of each of those to our millionaire callers this hour the everyday millionaires book is the number one bestseller the legacy journeys not it was a best-seller but not a number one and so it's the only book I've ever written on wealth all the other books I wrote were own money and it's the only book I've ever written that is distinctly from a Christian worldview well they're all from a Christian worldview this one's very overt though so I'm gonna give everybody a copy of that if you're a millionaire call me this hour the phone number is triple eight eight two five five two two five I want to know if you inherited your money if you saved your way into it or if you struck lightning or you struck gold or whatever you did how did you do it because people that aren't millionaires want to know mark is in Saint Louis st. mark what is your net worth 1.1 million good for you and tell me the mix how's that broken-down retirement mutual funds house what is it three hundred thousand in cash two hundred and fifty thousand my primary residence and the rest in eleven houses and the rest in eleven associate 550 550 and out of one point one so about 550 more in 11 houses right and they're all paid for they're all paid for awesome okay how old are you 53 53 cool so how much have our 1 million one hundred is there because you inherited money my father passed away 12 years ago and my mother gave me his truck okay that's it I got a truck that changed your life okay and what has been your range of income in your working life your household income worst year in best year worst year was probably about $12,000 mm-hmm so if I had a 26 years and listed in the Air Force that's the best year would be 140,000 this past year well thank you for your service so most of your life you were military and what did you do after military after military I went into cleaning dog food basically flipping houses yeah you get to do some of that flipping houses that's funny so what's your degree in I've got an associate degree in what that's all I have one in Personnel Management and aircrew management and tough waters from the Air Force gotcha okay what was your GPA probably about a 3.5 Antje ok and how much of your wealth is there because you borrowed money to create wealth money so every all these house flips you've done in cash all house foots have been in cash last time I borrowed money was for a truck in 97 and trucks in my driveway reminds me not to borrow money yes so you've got your dad's truck and the old truck they used to have debt on it I love it okay and so what what does what is your giving plan look like how do you do your giving school veterans and then we send things to the Philippines when our life is wrong okay it's family okay veterans and school good well family to just a Philippines physicals and things like okay just to her community okay our former community I got you cool all right so you are 53 talk to the 25 24 year old 23 year old version of you can this still be done well basically do everything intentional just like what you say everything intentional before you do something think about it same every time I look at a house I think I make money here or not make money if I can I buy it and if I can't I don't but you gotta think about it before you do it just I'll do things impulsively yeah and so you think it still can be done it still can be done if you get out there works there's lots of works lots of jobs yeah you've worked you've worked there's no question about that so very very cool what was your what was the biggest mistake you've made financially in your life mistake was when I was in my 18 to 22 I bought three new vehicles in that amount of time for 30 years well there you go okay that'll get you it but at least you quit you quit by the time you were 24 right and feel better than when I was 18 I have a brand new vehicle gotcha so you have zero in mutual funds all of your monies in cash in real estate yes very good I can't believe it stock markets great but I can't sleep at night with it so that's a personal decision statue you love the real estate gives you stability you know what you can control it more and I can get a better ROI that way I don't like buy a four-plex and eleven thousand after like the rent weekly but you know why properties are cheaper yeah you got a you got a better ROI than you're gonna see on mutual funds yeah more hassle but you got a better ROI I agree my me my real estate does better my mutual funds - so good very cool mark congratulations we got a copy of everyday millionaires and the legacy journey for you thanks for sharing your story randy is in Amarillo Texas Randy what your net worth two million two million flat up I love it so break that down for me how much of that is like retirement mutual funds house what 1.5 is in future funds and some preferred stock and then the rest is in real estate we have two properties are almond in the condo in the mountains okay not a rental but a second home gray very quickly not when we're not there so okay how old are you guys sixty two sixty two and how much of the two million is there because you inherited it zero okay cool and give me a range of income and your working life your household income worse your best year twenty nine thousand in the first year you put marriage and then at the end about one hundred and fifty hundred sixty thousand okay I never made over two hundred no sir okay what was your career I worked 36 years for major oil and gas company doing what started you know physical I was working on the rigs and then later on I became a supervisor okay cool and what's your degree in or do you have one that's a good one to graduate from okay yeah I love it okay and how many new cars have you bought before you were a millionaire a couple okay cool no and so what does your giving look like between you and your wife what do you all do for giving we've since probably mid 90s we started you know typing offerings we bumped it up from the normal attire to 10 percent up to 20 percent over the years Wow okay yeah cool and the 20% goes where all to your local church majority of it yes okay very cool good for you that's fun so there's a 22 year old out there on the rig busting his back right now he's wondering if he can make it can he still make it yes the canopy this was a favor and Liam follows your principles thank you I appreciate that but I want to know what your principles were what would you tell him you would that you did well I even want to do the same right we always tried to save some money and that if you can if you ties and do the right things and just work hard stay focused you can make it well you made it Randy two million dollars at 62 years olds no slouch man proud of you well done we got a copy of everyday millionaires in the legacy journey for you to say thank you for coming on our every day millionaires themed hour this is the Dave Ramsey show [Music] many times people feel that it's unbelievable that you can have a very average income and not only get out of debt but become a millionaire and when my husband and I started we were making somewhere between 40 to 50 K for the majority of paying off our house but you start looking at money as a tool that you use and not part of your story and it's not me it's an asset that the Lord has given me to use being able to give is the very best part of having wealth [Music] first off paws is a no kill animal adoption center it's just north of here in Monroe Ohio and I have been a volunteer with paws probably for 25 years now it has bothered me that there was a mortgage on the shelter again I'm very afraid of mortgages and debt having come close to homelessness in nine months my husband and I have paid off four hundred and fifty thousand dollars so that pause has no mortgage people are probably saying what's your income I don't even have an income where all this money came from is the stock market there's again there's been a big run up in the stock market in the last nine months my net worth has has come up eight hundred and eighty thousand dollars I've given away four hundred fifty K so the pause had no debt the StuffIt you know Here I am I'm giving money away and I'm mature than I've ever been I'm not afraid of homelessness anymore but I know other people are and so some of the ministries that we want to support are some of the local ministries that support the homeless in Cincinnati such as the broken bus ministry but we have plans to help other ministries in a big way just the way that we've made the impact on paws [Music] for anybody who want thinks they want to become a millionaire but it looks so far off what I would tell them is concentrate on getting out of debts because you can never be wealthy if you're in bondage and that's basically what it is [Music] but that the truth is if you work hard enough to get out of debt you have the skills that will make you a millionaire [Music] from start to finish it took my husband and I about the seven seven and a half years I have a friend who was a single mom she did it in ten years it really doesn't matter how long it takes once you get out of debt you will evolve into a millionaire because now you have a millionaire knowledge and you have millionaire habits you can't help it you will become a millionaire do you budget I hate budgeting it's like my least favorite thing to do tends to be really tense we usually don't talk about it unless what you need to it's one of those chores that you tend to put off and put off and put off I know it's something I need to do but I don't necessarily have the greatest feeling about it then why bother with budgeting to be homeowners one-day prospect of saving money for college for not just one but three children for my husband and I to be able to have money to retire at a decent age we invite you to experience every dollar a new budgeting tool based on a proven plan that has already helped millions with their money this would actually give me visibility to what is going on in our budget I mean we can see how much money we're saving for the kids college and how much we spend in groceries last month I don't have to log into my bank account I saw all in one place you don't have to guess anything it shows you step by step what you need to do to plan it to prepare every dollar allows me to focus my money on what matters see how easy budgeting can be at every dollar calm it's free just gonna take it with me okay Pam and I purchased our timeshare in 1979 was a crazy time back then we just gotten married and we were young and free we went to our timeshare twice a year four years Pam love to golf there oh I missed those days in 2012 I lost Pam to breast cancer I knew I had to get out of our timeshare because the thought of going back there was too painful for me and our children finally I found timeshare exit team they got us out now we all been able to move on with our lives kids and I have been able to vacation together again in fact we just got back from a fantastic trip to Mexico City time changes everything if your timeshare no longer fits your life call the team that can talk to you about options for your timeshare cult timeshare exit team today or go to timeshare exit team com [Music] it's an everyday millionaires theme hour we're talking with millionaires wonder where they got their money how do you build wealth in America today do you have to inherit it you have to be an NBA star and the NHL star and NFL start you have to have an end like a national something there to be able to get it to be able to get it a net worth be able to build wealth you have to be a famous entertainer you have to be a Hollywood star or starlet you have to have a high GPA do you steal your money is that where it comes from where do you get wealth in America today what's the real answer not the political ideology by someone who has an axe to grind and wishes they knew the answer but talking to really wealthy people people that are really millionaires Roberts next in Salt Lake City hey Robert what your net worth about one for good for you and break that down for me how much of that is mutual fund retirements or house or what is it I've got I've got a rental and I've got my home that's about 750,000 and I've got about close to 500 and mutual funds and a couple hundred thousand in cash so cool and the matrial on their mutual funds in your retirement or what are they in yeah their retirement it's like 401k and wives yeah gotcha how old are you I am I just turned 60 cool and how much of the 1.4 is there because you inherited money none of it okay and what was your best year household income and your worst year household income when we started out I was making about 17,000 a year and now we're making about 200 a year don't know over 200 good for you what is your career I'm a audio-video salesperson okay all right cool and what's your degree in I barely made it out of high school okay school graduate got okay and your GPA in high school probably one poor I shouldn't be saying this over the air 1:7 probably what you said barely in your minute all right cool so how many new cars did you buy before you were a millionaire zero okay and tell me about your giving patterns we try to be generous with the Lord ten percent and take characterize take care of the poor look after people best we can gotcha and how much of this one point four is there because you used debt to build wealth oh okay cool and so you're a navy sales guy high school graduate you're 60 years old you've got $500,000 in your 401ks and IRAs and mutual funds you paid for $750,000 worth of real estate it's 60 years old can the 24 year old version of you that's listening still do this absolutely you disk you can't be buying new cars and the latest notice greatest iPod or iPhone longer yeah you know you start getting into all that stuff 92 so your money went so fast eat out constantly you start doing that he can't do it but if you save a little bit each each paint period you can do it in a target when you're young I know that when did you start saving how old were you probably 26 what made you do that and she came from a family that didn't have money what made you decide to start at 26 years old planning for retirement and I think you know it was it was probably in my third when I was 35 but 40 I don't know how long you been doing it it seems like it was maybe 40 when I we took to your class and I mean my wife has tried to have a budget we've used all a dollar over the years and you know we've we have just tried to stay out of debt and not pay interest on stuff mmm so you went to financial peach 20 years ago seems like it was that far away could have been it could have been I mean we've been doing that 25 years so that's very possible y'all have been yeah it was that's about when it was yeah okay all right cool and so really your your 20 years the other side of your are 15 years the other side of your debt free scream and this is where we're sitting so you're walking proof text for us now I'm pretty cool very interesting all right and so what was the biggest financial mistake you've ever made in your life well I think it's probably not saving as much I should have saved more and I've never used any my my retirement money for anything but retirement I know a lot of my friends have been tempted to are they've gone and used it for something they get into crunch they use it and did you say what the biggest mistake is yes yes not not saving enough yeah okay I would say that's probably the biggest one happy to save too much okay hey eating out it's a theme here okay I love it very cool well Robert thank you for calling in and sharing your millionaire story we've got a copy of Chris Hogan's number one bestseller every day millionaires and a copy the legacy journey for you to say thank you Alan is with us in Chicago hey Alan what's your net worth five point five million Dave and by the way this is great honor well we're honored to have you sir that's a bunch you did well so give me a little breakdown on that how much of that is in what kind of categories well it's not counting our house but the 5.5 million is comprised of rollover IRA traditional IRA Roth IRAs a couple VA is 401 K ETFs some muni bond funds bendable bonds and mutual funds so all of that all the five point five is that yeah okay and then use your already non qualified and your home's paid for so it's of course okay and what's it worth oh I don't know between 750 and 850 okay so that puts you like it realistically at about six six three May and net worth right no I bet all right how old are you 59 all right you've done very well brother good job so how much of this job here to the new David I mean I wish I was like you so how much yes six million dollars so how much the how much of this did you inherit nothing zero none of the 5.5 million okay I should say I inherited five thousand dollars my first year of college and I inherit another hundred thousand dollars pat presen millionaire I mean yeah so you're not on the air because of it you're not a millionaire because of inheritance so give me your household range of income top year and best year material oh I started out at twenty four thousand four hundred and I thought it might have been more meaningful for your listeners my average salary for the first 15 years was about $70,000 I just did the calculations and I was a millionaire by age 40 mm-hmm okay so I thought it's significant because it shows you can build up wealth even though you have 70,000 a year yeah yeah you got the first million other way but what do you make nowadays I make around 200-250 not you good for you what do you do for a living I'm a securities attorney okay excellent so you got a law degree obviously I did and what was your GPA in law school in law school you know what I don't remember it was about the top third of the class in law school and undergraduate was in business administration and about a three point three out of four out of scale gotcha okay now what part does giving play in your financial plan my wife and I are in the process of setting up a 501c3 organization for funding disadvantaged high school students to allow them to do foreign studies love it very cool right quickly what advice would you give to the 25 year old version of you I would say brown bag your lunches limit your dinners out don't buy cars to impress your girlfriend like my future wife was not impressed I might BMW loved it well done sir proud of you Alan over a six million dollar net worth boom it's an every day millionaires theme hour [Music] [Music] [Music] do you recommend maxing out the law or maxing out the traditional and throwing whatever I left at the Ross I want to entire I want to spend time with my family I paid like fourteen thousand see you over oh yeah definitely I want you to love her enough to let her pay for a car we're just shy of two million dollars now and we can see our HD dreams really clear right now we'll see you smile online [Music] [Music] hey guys George hamil here with another minute money hack today's hack is slightly less painful than stepping on Legos you guessed it we're talking taxes now you may be watching because you haven't filed yet and to make matters worse you're wasting time on the internet watching some millennial harass you for procrastinating plus you're probably wondering how is this guy qualified to give me a tax advice well I'm not but I have access to a camera crew and you don't so here we are hit the clock are you or CEO order and you know who you are Jeff it's time to become a minimalist if you're itemizing you can download apps like shoebox expense IQ and gas tracker to ditch the paper once and for all if your income is under 66,000 then check out the IRS free file software and see if you're eligible don't miss out on deductions and credits you might qualify for including your HSA FSA IRA 401k idk just google the rest the point is there's a ton of deductions you might be missing out on for example if you're a professional bodybuilder you can write off body oil and spray tans as a business expense no pain no capital gain save time and money by working with a pro it takes around 2 hours to file with a pro versus an average of 13 hours on your own and with the time you save you could watch the entire lord of the rings' trilogy extended editions now I'm not saying you should do that but I am saying you could and there's your minute money hack my friends at zip recruiter are helping businesses of all size find the right people to take their business to the next level check this out my name is Dylan mis quits I'm the chief operating officer of cafe altura we needed a director of coffee in order to move our products forward it definitely felt like we were looking for a needle in a haystack we're very impressed with how quickly we had quality candidates apply through zip recruiter the candidate rating feature gives us more control we're able to sort through the candidates decide who has the most relevant skillset for that position and who's the most qualified the zip recruiter is a powerful tool in our hiring process you need the right mix of people in the right circumstances in order to achieve a goal and different readers been able to help us do that it's no wonder zip recruiter is rated number one by employers in the US try zip recruiter for free at zip recruiter dot-com slice Ramsay zip recruiter the smartest way to hire [Music] [Music] our scripture of the day proverbs 22:6 train up a child in the way he should go and when he's old he'll not depart from it you know what proverbs 22:7 is the rituals over the pool in the bar slide to the lender so if you took the numbers out which aren't in the original scripture by the way it would retrain up a child in the way he should go when he's old he'll not depart from it the rich rules over the poor and the borrower is slave to the lender it almost indicates that you should train up a child that the rich rules over the poor and the borrower is slave to the lender H Jackson Browne said live your life so that when your children think of fairness and integrity they think of you there you go it's an everyday millionaires theme hour we're talking to real millionaires this hour finding out how they really did it sue is in Fort Collins Colorado hey sue what's your net worth it is a pleasure to talk to you our network is just over 2.9 million dollars and that's made up of about 2.1 of mutual funds in IRAs and a little bit of that is outside IRA and then we have a home that is free and clear at about six hundred and fifty thousand and then we have a rental property that's worth so around two hundred and ten thousand awesome very cool how old are you thank you I'm 68 I hate saying that and my husband is 63 I don't hate saying I'm 58 okay so what was your how much of this money did you inherit that caused you to be wealthy none of it you note of it not even 5,000 like your previous caller yeah six million so you missed out what was your range of income household income worst year and best year Oh worst gosh and we were pretty fortunate I mean starting out it probably was at least a hundred even going back and then over the years I was going to the workforce or come out and my husband was always working full-time so but about about four years ago it was somewhat steadily between around 150 and 180 and then about four years ago we decided his job was incredibly stressful and life is too short so we took early retirement and it was a little bit ahead of schedule for our plan but again life is too short and so nowadays the past few years in working part-time jobs have rental income and taking some out of savings so we sing right around 65 to 70 thousand never made over 200,000 now and 2.9 million dollar net worth about 58 years ago so what were you what were your careers what was your career his career and he for the last 20 years had been running a printing company we didn't own it but he was he was running it and had 70 employees and then I started in sales years ago I worked for a fortune to her fortune 200 firm and then stayed at home for a long time with our kids and then the past 15 20 years I've been doing part-time admin work and what's your husband's degree in what about you he left college after two years and I have a bachelor's okay in what in marketing okay cool all right and what was his GPA or your GPA my GPA was three point four I know in high school he was off the charts using very smart man in college I don't think it was okay they dropped out okay so that's fun I love it and how much did how much is the 2.9 million is there because you borrowed money to create wealth okay we don't we didn't quite follow your plan we did things a little differently I can't put that in exact numbers but I will say we live in San Diego for quite a long time and we did really well on a home near and so the whole mortgage you didn't borrow that's not borrowing to invest well know that what happened was to buy our rental properties we had probably about six or seven hundred thousand dollars in equity in the home in San Diego so we could borrow two hundred by two rental properties at the time and then we just and they cash flow it anyways we sold one last year and we still have one okay all right cool very cool and how many brand-new cars did you buy prior to being millionaires well probably I mean we tend to buy cars and then keep them I mean for instance I just a couple months ago bought a brand new car only because my 11 year old car is 2.9 million that's okay no car after that so can I talk to the 25 year old version of you and your husband can they still do this oh absolutely absolutely and ya know the 25 year old we probably went out to dinner a little more than we should have back then but what's the secret what did you do that made you worth 2.9 million tell the 25 year old that we lived below I mean we lived we could have afforded a lot more new cars or nice circle new cars like for instance my husband you have 2.1 million and mutual funds right yeah so the 401k and your retirement plan were a big part of your life oh yeah at one point the past few years once our kids were out of the house and one of my jobs I'm putting 90% of my salary into my 401k and I remember the HR person said nobody does that that's right nobody's going to 2.9 million dollar net worth so way to go proud of you guys we got a copy of Chris Hogan's number one best-selling book every day millionaires talking about things you ready no and the legacy journey from me a couple of books we're gonna send your way to say thank you for being on the every day millionaires theme our well it takes money to make money the little man can't get ahead and yet none of the millionaires we talked to today became wealthy because of borrowed money our last one did borrow some money for some rental property and then paid it off but they didn't say oh well easy credit is what made me wealthy you know as a matter of fact doing these millionaire themed hours and every day millionaire themed hours for several years now I've never heard a millionaire say easy credit made me wealthy not one now they are calling this show and so it might be that there's people out there but I mean this is all I got this is only data points I've got are the ones on this show the study that we did we did not study only Dave Ramsey you know only Dave Ramsey millionaires we studied millionaires from whitespace as well well all those millionaires inherited their wealth none of them did today and as a matter of fact 79 percent of the 10,000 millionaires that we studied inherited 2-0 another five percent inherited less than $100,000 so mathematically impossible for 84 percent of them to have become millionaires because of inherited money easy to say really that 90 percent of millionaires are not millionaires because of inherited money so that is the great lie of the leftist ideology that you're stuck that the system is rigged against you and then you can't win you can but it is kind of like Henry Ford said if you think you can or you think you can't you're probably right oh the great lie is is that all rich people are evil evil people coming about the same percentages across the income spectrum there are evil poor people and they're evil rich people at about the same ratios they do not become wealthy because they're evil they're not crooks and less than one percent of America's wealthy people are household names entertainers people you know their name 99% of them you've never heard of them it's sue in Colorado every day millionaires you need to check this book out that puts this our the dev Ramsay show in the books we'll be back with you before you know it in the meantime remember there's ultimately only one way to financial peace and that's to walk daily with the Prince of Peace Christ Jesus [Music] [Applause] [Music] one of the things that makes the Dave Ramsey show unique from other shows is that we genuinely care about our listeners that's why we're intentional about choosing advertisers that we know will serve our listeners well blinds.com is no exception for years I've been telling you how amazing these guys are blinds.com offers high quality window treatments at unbelievable prices and their customer service is unbeatable they make buying measuring and installing blinds fun affordable and shockingly easy and if you accidentally miss measure or pick the wrong color they'll remake your blinds for free when you're looking for window blinds the only place you need to go is blinds calm with blinds calm you get free samples free shipping 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Channel: The Dave Ramsey Show

Views: 60,657

Rating: 4.8524127 out of 5

Keywords: the dave ramsey show, budget money debt cash, real estate, insurance, how to make money, dave ramsey, save, credit card, compound interest, buying house, buy, snowball, dave ramsay live, dave ramsey channel, dave ramsey live, dave ramsey live show, dave ramsey live stream, dave ramsey podcast, dave ramsey radio show, dave ramsey show, dave ramsey show full show, dave ramsey show live, ramsey, ramsey solutions, the dave ramsey show live

Id: CM4xxS9hf8w

Length: 174min 48sec (10488 seconds)

Published: Wed Feb 06 2019